A political paralysis

India these days is being better served by its independent institutions than by its political class. Agencies such as the Supreme Court, the Comptroller and Auditor General and the Election Commission have given citizens reason for hope amid the political gridlock, corruption scandals and crony capitalism. In the area of economic management, the Reserve Bank of India (RBI) has done a far better job managing the economic cycle than the spendthrift government ministry has.

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